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Industrial Land Near Costco

1365 Mahogany Ave, Bellingham, WA 98226

For Sale
$5,900,000

5.71 acres of industrially zoned land ready for development.

Property SizeContact for details
Lot Size9.40 Acres
Days on Market709

Property Features for 1365 Mahogany Ave

General Information

Standard status Active
Lot size 9.40 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $15,142
Listing Agency: Pacific Continental Realty LLC
Listed By: KC Coonc · License WA #17357
Source: Exprealty
Added: Dec 2, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Continental Realty LLC

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Investment Insights

Based on property information with market context.

This property features 5.71 usable acres of Planned Industrial zoned land. The site is located next to Costco in Bellingham. The land has been cleared, graded, compacted, and covered with crushed rock. It is connected to the City of Bellingham Regional Stormwater Facility. Heavy power, natural gas, city water, and sewer are available in the street fronting the property. Completed entitlements to build on this property are included.

Key Highlights

  • Fully entitled property with completed entitlements valued over $1.5 million, saving the buyer significant time and money.
  • Connected to the City of Bellingham Regional Stormwater Facility, maximizing usable acreage.
  • Cleared, graded, compacted, and covered with crushed rock, providing a ready‑to‑build surface.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Kitchen & Bath Showroom HVAC Service Plumbing Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 98226, WA

47,011
Population
20,609
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
105.8 sq mi
ZIP Area
444
Density / Sq Mi
$79,684
Median Household Income
$45,337
Median Earnings
$1,557
Median Rent
$568,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Industrial land in Whatcom County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - 5.71 acres of industrially zoned land ready for development.
Where is this industrial land located?
The property is located at 1365 Mahogany Ave Bellingham, WA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Fully entitled property with completed entitlements valued over $1.5 million, saving the buyer significant time and money.; Connected to the City of Bellingham Regional Stormwater Facility, maximizing usable acreage.; Cleared, graded, compacted, and covered with crushed rock, providing a ready‑to‑build surface.
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